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Govt to bear MDR fee on digital transactions up to Rs 2000

Agencies, New Delhi In a major push to encourage digital payments in the country, the Centre will repay Merchant Discount Rate (MDR) to sellers and banks for two years for transactions under Rs 2,000. This decision was approved by Union Cabinet...

Hexaware Tech enters into partnership with Pegasystems

Mumbai, Hexaware Technologies, the fastest growing automation-led, next generation provider of IT, BPO and consulting services, today announced that it has entered a partnership with Pegasystems Inc. to enhance its focus in the Business...

Asian Paints acquires 100 percent stake in Reno for Rs 1.59 bn

Thiruvananthapuram, Paint Major, Asian Paints said that it has acquired 100 percent stake in Reno Chemicals Pharmaceuticals and Cosmetics (Reno), having its Registered Office at Santacruz East, Near Asian Paints, Mumbai. The company has...

Jivi mobiles launches touchand type 4G smart phone at Rs 3,999

New Delhi, Jivi mobiles have launched its new revolutionary offering- “RevolutionTnT3” Touch & Type 4G smart phone priced at Rs 3999. While launching this phone, CP Batheja, Managing Director, Conplex International Limited, Hong Kong,...

WPI rises by 0.7 pc in November 2017

Agencies, New Delhi The annual rate of inflation, based on monthly Wholesale Price Index (WPI), stood at 3.93 per cent (provisional) for the month of November, 2017 (over November, 2016) as compared to 3.59 per cent (provisional) for the previous...

12th edition of Mutual Fund Summit held

Agencies, Mumbai Confederation of Indian Industry (CII) organised 12th edition of Mutual Fund Summit, CII’s Flagship International Summit, on Tuesday at a hotel a Andheri (East) here on Tuesday. In his opening remarks, Leo Puri, Chairman –...

India to host 3rd Annual Meeting of Board of Governors of AIIB

Agencies, New Delhi India will host the 3rd Annual Meeting of the Board of Governors of Asian Infrastructure Investment Bank (AIIB) at Mumbai on June 25-26, 2018. The Theme of the Annual Meeting, 2018 will be “Mobilizing Finance for Infrastructure:...

ASSOCHAM demands urgent ban or regulation on Bitcoin and ICOs

Agencies, New Delhi Advocating either policy framework or firm stop, for the Bitcoin which is attracting average 3500 new users/entrants in India alone, one of the leading industrial body ASSOCHAM has said that Indian start ups are more fascinating...